US HB3856 | 2015-2016 | 114th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on October 28 2015 - 25% progression, died in committee
Action: 2015-10-28 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Information Reporting Simplification Act of 2015 This bill amends the Internal Revenue Code, with respect to penalties for filing erroneous tax returns, to set forth a safe harbor rule for errors on tax information returns and payee statements. If any such return or statement has one or more incorrect dollar amounts, but no single amount in error differs from the correct amount by more than $100, and no single amount reported for tax withheld on any information return differs from the correct amount by more than $25, then no correction shall be required and such return or statement shall be treated as having been filed with all of the correct required information.

Tracking Information

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Title

Information Reporting Simplification Act of 2015

Sponsors


History

DateChamberAction
2015-10-28HouseReferred to the House Committee on Ways and Means.
2015-10-28HouseIntroduced in House

Same As/Similar To

HB2029 (Related) 2015-12-18 - Became Public Law No: 114-113. (TXT | PDF)

Subjects


US Congress State Sources


Bill Comments

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